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ARMAN FINANCIAL SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARMAN FINANCIAL SERVICES is 12.17.

Share Price ₹1,841.9Mar 28,2024
Market Cap ₹1,934.0 Cr
Earnings-TTM₹159.0 CrTTM-Consolidated Results
Price/Earnings12.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARMAN FINANCIAL SERVICES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ARMAN FINANCIAL SERVICES is calculated as :

Current Market Cap [ ₹1,934.0 Cr] as on Mar 28,2024

(/) Earnings [ ₹159.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.17x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ARMAN FINANCIAL SERVICES , the investors are currently willing to pay 12.17 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ARMAN FINANCIAL SERVICES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ARMAN FINANCIAL SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of ARMAN FINANCIAL SERVICES


PE Ratio Performance Analysis for ARMAN FINANCIAL SERVICES

- ARMAN FINANCIAL SERVICES 's latest p/e ratio is 12.17x.

- ARMAN FINANCIAL SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.13x.

- ARMAN FINANCIAL SERVICES 's operated at median p/e ratio of 12.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARMAN FINANCIAL SERVICES 's p/e ratio peaked in Mar2021 at 48.67x.

- ARMAN FINANCIAL SERVICES 's p/e ratio hit its five-year low in Mar2020 of 8.37x.


How does ARMAN FINANCIAL SERVICES 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARMAN FINANCIAL SERVICES 158.9612.171,934.0
BAJAJ FINANCE LTD13,778.2032.58448,880.0
BAJAJ HOLDINGS & INVESTMENT LTD293.37314.4992,260.6
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9130.2097,150.8
SHRIRAM FINANCE LTD6,657.8213.3288,694.6
SBI CARDS AND PAYMENT SERVICES LTD2,341.8427.7164,898.9
MUTHOOT FINANCE LTD4,294.5813.8259,342.1
ADITYA BIRLA CAPITAL LTD2,561.5717.8045,591.4
SUNDARAM FINANCE LTD1,444.9831.7745,900.9
L&T FINANCE HOLDINGS LTD2,181.0418.0539,362.6
POONAWALLA FINCORP LTD1,500.1824.0336,055.3

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ARMAN FINANCIAL SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.17x
Max industry PE 314.49x
Median industry PE 24.03x
Average industry PE 48.72x



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